King Dollar - is Naked. Gold is King for now
For the time being King Dollar is naked , stripped and stumbling like a drunk trying to hold on to anything. Oh Mighty, do they fall from thy throne.
For now King Gold and Queen Euro are ruling even though its temporary. How long can they rule ? take a guess
Buy King Dollar during the coming dead cat bounce to 95.00 but then expect another collapse
For now King Gold and Queen Euro are ruling even though its temporary. How long can they rule ? take a guess
Buy King Dollar during the coming dead cat bounce to 95.00 but then expect another collapse
Note: Most of the Central Banks hold USD in Reserve due to stability and Dollar funding mechanism , and when USD is cheap they tend to be Buyers of USD. So at what point does the Central banks of the world come in and start buying USD for their reserves security ?
US treasury Yields (2 , 5, 10 , 30 years ) are at their lowest in decades so with those rates and central banks see a good opportunity of buying Huge USD reserves amounts on the cheap at almost 0% interest rate and lending it out to their country financial institutions for a few years with huge returns for Central banks